Question

solve this.....
fast​

Answer 1

Answer:

The rate of interest is 6%

Step-by-step explanation:

        True discount=2200

Banker's discount =2310

Time period (n)= 10 months =10/12=5/6 (yrs)

Banker’s discount= True discount(1+nr/100)

2310=2200(1+5r/600)

rate of interest (r) =6

Hence the rate of interest is 6%